---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-033124"
form_type: "8-K"
ticker: "IPWR"
cik: "0001507957"
company_name: "Ideal Power Inc."
filed_at: "2022-03-14T23:59:59+00:00"
generated_at: "2026-06-26T23:11:47.190727+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ideal Power appoints Drue Freeman and Greg Knight to board, expanding to five members

## Summary
- Board expands from three to five members, with four independent directors, effective April 4, 2022.
- Drue Freeman brings 30+ years semiconductor experience, formerly SVP Global Automotive Sales at NXP.
- Greg Knight has 20 years in PV, silicon carbide, EV markets; ex-CEO of GT Advanced Technologies.
- New directors align with B-TRAN commercialization strategy in EVs, renewable energy, and energy storage.
- Both will receive standard non-employee director compensation including annual equity awards.

## SEC filing metadata
- accession: 0001104659-22-033124
- form_type: 8-K
- ticker: IPWR
- cik: 0001507957
- company_name: Ideal Power Inc.
- filed_at: 2022-03-14T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507957/000110465922033124/0001104659-22-033124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507957/000110465922033124/tm229120d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-033124
- JSON: https://secwatch.observer/filing/0001104659-22-033124.json
- Plain text: https://secwatch.observer/filing/0001104659-22-033124.txt

## Key facts
- Executive change
  Drue Freeman was appointed as Director at Ideal Power Inc..
  - Action: appointed
  - Role: Director
  source text: On March 10, 2022, the Board of Directors (the “Board”) of Ideal Power Inc. (the “Company”) appointed Drue Freeman and Greg Knight to the Board, effective April 4, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507957/000110465922033124/0001104659-22-033124-index.htm
- Executive change
  Greg Knight was appointed as Director at Ideal Power Inc..
  - Action: appointed
  - Role: Director
  source text: On March 10, 2022, the Board of Directors (the “Board”) of Ideal Power Inc. (the “Company”) appointed Drue Freeman and Greg Knight to the Board, effective April 4, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507957/000110465922033124/0001104659-22-033124-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.